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kiven Dixter (Kitco News) - Gold prices, under Stress from renewed momentum in the U.S., Information Systems relatively unchanged district next weak-than-expected four-quarter gross domestic product. The information was drop from 3.2% development seen in the 3rd quarter. Gold prices remember under Stress as the unite states $ has managed to hold on to recent gains. Personal consumption saw powerful development in the 4th quarter, increasing 3.8%, up from 2.2% development seen in the 3rd quarter. Business investment in the 3rd quarter promoted 6.8%, up from 4.7% in the 3rd quarter.
Kitco break news Gold Survey: Gold Prices foreseen To save Rising
(Kitco News) - entrants in the every week Kitco break news gold survey look for gold to save hight following week, by traders & analysts citing the softer tone in the unite states dollar. Twenty-one market professionals took fraction in the Wall Street survey. For the trading 7 days this day winding down, 71% of Wall Street voters & 61% of major Street voters were bullish. Not counting the current week, Wall Street & major Street are both 1-1 very far in 2018. (There were 2 weeks without a major Street poll & 1 7 days without a Wall Street poll).
Gold Prices Fly as USD Slides- FOMC, NFP to Drive February Open
referring to DailyFX.com -Fundamental prediction for Gold: NeutralGold prices determine every month opening-range only below structural resistanceWhat's driving gold prices? The advance comes amid continued weakness in the greenback by the DXY (Dollar Index) drop further than 2.2% to check new three-year lows. However, by a large 7 days of event danger on tap & prices coming off technical resistance, the rally perhaps be vulnerable near-term heading into the lock of the month. This going to be Janet Yellen's last policy meeting as seat before newly approved Jerome Powell takes the reins on February first. For gold, the events are likely to fuel added volatility after prices replied to technical resistance standards this week.
Gold Prices chock 17 30 days High; What Does the Wave test Forecast?
Gold prices soon chock their top standard in 17 months. The Elliott Wave test calls for gold prices to remember below $1465. Gold Prices Below $1306 proposes a Top Information Systems in PlaceOur gold value prediction Information Systems for a bearish reversal to occur among this day & $1465. It comes as no surprise which my Elliott Wave test for USDJPY has which pair in a complex 'B' wave too. Elliott Wave & Gold FAQsWhat Information Systems Elliott Wave Theory?
Gold Prices Ignore 9.3% down In fresh house Sales
(Kitco News) - Technical profit taking Information Systems weighing on gold prices, as the market ignores a further than 9% drop in fresh house sales. Tuesday, the unite states Commerce section told which fresh house discounds fell 9.3% in December, to a seasonally adjusted annualized average of 625,000 homes, drop from November's revised average of 689,000 units. According to consensus forecasts, economists were expecting to see a discounds average of 679,000 units. Gold prices are modestly drop on the day, however are holding near a 1.5-year high as the unite states $ Index pushes off lows not seen in further than 3 years. Looking at prices, the commerce section told which the median discounds prices of fresh homes purveyed final 30 days was $335,400; at the same time the average discounds value was $398,900.
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